Monday, February 6, 2023
  • Login
198 Crowd Funding News
No Result
View All Result
  • HOME
  • VIDEO
  • CROWD SUPPORT
  • ARTICLES
  • NEWS
  • BLOG
  • ADS
  • CROWDFUNDING SOURCES
  • BOOKS
  • SPONSORSHIPS
  • CONTACT
  • HOME
  • VIDEO
  • CROWD SUPPORT
  • ARTICLES
  • NEWS
  • BLOG
  • ADS
  • CROWDFUNDING SOURCES
  • BOOKS
  • SPONSORSHIPS
  • CONTACT
No Result
View All Result
198 Crowd Funding News
No Result
View All Result
Home Crowdfunding News

Fintech Finastra Partners Indian Multinational Firm HCL Technologies to Offer Treasury Management Services

January 30, 2021
in Crowdfunding News
0
Share on FacebookShare on TwitterShare on Email

[ad_1]

Finastra, a financial services software and Cloud-enabled solutions provider, has confirmed that it will be teaming up with HCL Technologies, an India-based multinational tech firm, in order to offer treasury management technology via the Cloud to smaller banks based in Europe, North America, India, and the Philippines.

The partnership between Finastra and HCL Technologies aims to bring to market a new Digital Treasury as a Service offering, which will allow banks to manage their treasury operations in a more effective and overall more efficient manner.

HCL’s Digital Treasury as a Service (DTaas) will reportedly be powered by Finastra’s Fusion OPICS treasury software and Microsoft Azure services will be used to host the platform.

Fusion OPICS will aim to offer cost-effective or economical support for international treasury trading operations, compliance and risk management. The solution will allow banking institutions to transform and automate various treasury operations.

HCL’s DTaaS will bring together its digital and Cloud transformation services including FENIX 2.0, CyberSecurity Fusion Center and ElasticOps in order to offer a comprehensive treasury solution.

Many banking platforms have been dependent on time-consuming and inefficient manual processes for treasury management, which may also be quite error prone and can significantly impede growth and the ability to effectively perform operations.

Finastra’s management stated that with the DTaaS, banks will be able to access affordable technology that aims to enhance treasury management operations while offering considerable cost savings.

Denise Parker, SVP, Partners and Ecosystem at Finastra, stated:

“Market dynamics, increased regulation and competitive pressure to scale mean that the treasury market is ripe for transformation. Our strategic partnership with HCL lets us use our combined market reach, agility and scale, to help banks transform and grow their operations in a sustainable and cost-effective way. Banks using the solution can realize significant efficiency gains, manage risk more effectively, react more quickly to market demands and take advantage of future growth opportunities.”

Rahul Singh, President of Financial Services at HCL Technologies, noted that the combination of HCL’s Cloud native services and Finastra’s treasury software will aim to offer a more seamless customer experience.

Singh also mentioned that his company’s Digital Treasury as a Service will ensure that banking platforms are future-compatible, and can improve their risk management while continuing to take advantage of innovative digital capabilities (as the treasury application and the Cloud technology that underpins these services continue to evolve).



[ad_2]

Source link

Tags: FinastraFintechFirmHCLIndianManagementMultinationalOfferPartnersServicesTechnologiesTreasury
ShareTweetSend

Related Posts

Crowdfunding News

Learning To Play Piano Is Made Easy With PopuPiano

June 3, 2022
Crowdfunding News

Solana Teaches Crypto Investors a Critical Lesson

June 3, 2022
Crowdfunding News

Caught naked!? | Crowdability

June 2, 2022
Crowdfunding News

EP #395 The Formula Nebia Towel Used To Raise $167,750 On Kickstarter

June 2, 2022
Crowdfunding News

News Fix: Startups Face a Souring Economy, SpaceX Skyrockets to $125 Billion

June 1, 2022
Crowdfunding News

Top 5 Crowdfunding Campaigns – May 2022

June 1, 2022
Load More
Next Post

Social Enterprises 101

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST STORIES

Between Music – Crowdfunding video

June 5, 2022

Attacking A Market Failure With Candice Matthews Brackeen

June 5, 2022

Crowdfunding video – Kabeção 1st solo Album – Touching Souls

June 5, 2022

The Gecko – Failure is not an option

June 5, 2022

Roller Kingdom Crowdfunding Video

June 4, 2022

Introduction – Art of Failure with Eli Zelkha

June 4, 2022

Radbahn Crowdfunding Video + Fast Forward Science 2017 Film

June 4, 2022

Jorge Newbery at Failure Lab

June 4, 2022

Outland Denim Equity Crowdfunding Video

June 4, 2022

What I learned about Failure, Loneliness, and Red Lizard at the Spark Fest Cebu

June 4, 2022
Load More
198 Crowd Funding News

Own and operated by The Ike Lemuwa Group, LLC a Commonwealth of Virginia Limited Liability Company, USA.
Info@nigeriasmartnews.com / info@ikelemuwagroup.com
Toll-Free: 1 888 642 8433
3821 Dominion Drive Dumfries, Virginia, 22026. USA

Categories

  • Home
  • Crowdfunding News
  • Blog
  • Articles
  • Sponsorship
  • Crowd Support
  • Crowdfunding Sources
  • Partner with 198TILG Mastermind Platinum Group
  • Video

Recent News

  • Between Music – Crowdfunding video
  • Attacking A Market Failure With Candice Matthews Brackeen
  • Crowdfunding video – Kabeção 1st solo Album – Touching Souls
  • The Gecko – Failure is not an option
  • Roller Kingdom Crowdfunding Video
  • Home
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2021 198 Crowdfunding News.

No Result
View All Result
  • HOME
  • VIDEO
  • CROWD SUPPORT
  • ARTICLES
  • NEWS
  • BLOG
  • ADS
  • CROWDFUNDING SOURCES
  • BOOKS
  • SPONSORSHIPS
  • CONTACT

Copyright © 2021 198 Crowdfunding News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In